Key Takeaways
- • Owner, a restaurant technology platform, raised $240 million in Series D funding at a $2.3 billion valuation, led by Goldman Sachs Alternatives Growth Equity with participation from existing investors Meritech, Redpoint, Headline, and Jack Altman.
- • The company has surpassed $100 million in annual recurring revenue (ARR) since its 2020 launch and is driving over $1 billion in sales through independent restaurant owners in 2026 alone.
- • Owner powers more U.S. restaurant locations than major chains Domino's and Taco Bell, with thousands of local businesses on the platform and over 100 million American consumers having used the service.
- • The platform ranks #1 on both Capterra and G2 for restaurant technology, positioning it as the leading solution in its category.
Summary
Owner, a San Francisco-based restaurant technology company, has closed a $240 million Series D funding round that values the company at $2.3 billion. Growth Equity at Goldman Sachs Alternatives led the investment, with support from prior backers including Meritech, Redpoint, Headline, and investor Jack Altman, signaling sustained institutional confidence in the company's mission and business model.
Founded in 2020, Owner targets local restaurant owners seeking AI-powered tools to compete with larger competitors. The company has achieved substantial scale metrics that underscore its market penetration: it now surpasses $100 million in ARR and powers more U.S. restaurant locations than established national chains Domino's and Taco Bell. In 2026 alone, independent restaurant owners using Owner's platform have generated over $1 billion in sales through the system.
The platform serves thousands of local businesses and has reached over 100 million American consumers. Owner holds the top rating for restaurant technology on both Capterra and G2, industry-standard review platforms, establishing a competitive moat in its category. The funding round reflects investor appetite for software solutions addressing the operational and competitive challenges faced by small and mid-market restaurant operators, particularly as technology adoption accelerates in food service.
Founded in 2020, Owner targets local restaurant owners seeking AI-powered tools to compete with larger competitors. The company has achieved substantial scale metrics that underscore its market penetration: it now surpasses $100 million in ARR and powers more U.S. restaurant locations than established national chains Domino's and Taco Bell. In 2026 alone, independent restaurant owners using Owner's platform have generated over $1 billion in sales through the system.
The platform serves thousands of local businesses and has reached over 100 million American consumers. Owner holds the top rating for restaurant technology on both Capterra and G2, industry-standard review platforms, establishing a competitive moat in its category. The funding round reflects investor appetite for software solutions addressing the operational and competitive challenges faced by small and mid-market restaurant operators, particularly as technology adoption accelerates in food service.
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